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Statements of comprehensive income (loss) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Income    
Net realized gains (losses) on redemptions and sales of gold bullion   $ 2,449
Change in unrealized gains (losses) on gold bullion $ 763,870 368,815
Total income 763,870 371,264
Expenses    
Management fees (note 8) 13,824 7,785
Bullion storage fees 1,059 1,902
Sales tax 906 563
Listing and regulatory filing fees 161 165
Unitholder reporting costs 201 180
Legal fees 235 127
Custodial fees 4 9
Administrative fees 203 215
Audit fees 130 89
Trustee fees 5 4
Independent Review Committee fees 14 11
Net foreign exchange gains (losses) 1  
Total expenses 16,743 11,050
Net income (loss) and comprehensive income (loss) $ 747,127 $ 360,214
Weighted average number of Units 274,534,061 196,451,611
Increase (decrease) in total equity from operations per Unit $ 2.72 $ 1.83